Press Releases

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Date : Nov 10, 2017
RBI to conduct 7-day and 14-day Variable Rate Reverse Repo auctions under LAF on November 13, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on November 13, 2017, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1 100 14 12.00 pm to 12.30 pm November 27, 2017 (Monday)
2 150 7 2.30 pm to 3.00 pm November 20, 2017 (Monday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release: 2017-2018/1309


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